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Lightwave Logic Inc (LWLG)
NASDAQ:LWLG
US Market

Lightwave Logic (LWLG) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Aug 18, 2026
Before Open (Confirmed)
Period Ending
2026 (Q2)
Consensus EPS Forecast
Last Year’s EPS
-0.04
Same Quarter Last Year
Based on 0 Analysts Ratings

Earnings Call Summary

Q4 2025
Earnings Call Date:Mar 05, 2026|
% Change Since:
|
Earnings Call Sentiment|Neutral
The call presents tangible technical and commercial progress: material and reliability advancements, movement of multiple customer programs into late stages (Stage 3), several foundry agreements and a significantly strengthened cash position. However, the company remains pre‑revenue for volume production, with modest absolute revenues in 2025, continued net losses, notable G&A increases, and remaining qualification, yield and scale risks that push meaningful volume revenues to 2027 at the earliest. Highlights and strategic milestones are balanced by execution and timing risks.
Company Guidance
The company’s guidance is that 2026 revenue will be driven primarily by material supply and non-recurring engineering with volume production and licensing revenues not expected until 2027 at the earliest; Lightwave says it is funded beyond December 2027 with year-end cash of approximately $69.0M after raising ~$32.8M net in December 2025 (11.6M shares) plus $4.9M from the over-allotment in January 2026. For context, full-year 2025 revenue was ~$237k (vs. $96k in 2024), net loss ~$20.3M (loss $0.16/share) vs. $22.5M ($0.19/share) in 2024, R&D ~$11.5M (vs. $16.8M) and G&A ~$9.5M (vs. $6.4M); operationally, 3 programs advanced to Stage 3 in 2025 (a fourth added in 2026) with ~15 additional Stage 1/2 engagements, four major foundries have wafer runs underway or scheduled in H1 2026 (three more under consideration), a wafer tape-out returns chips expected in Q2 2026 and device characterization mid-2026. Market metrics cited: Ethernet transceivers and CPO ~$16.5B in 2025 and projected ~$26B in 2026 (~60% growth in both years), silicon photonics share rising from 10% (2018) to 33% (2024) and expected to be dominant in 2026, AI clusters to consume ~80% of demand through 2031, 1.6Tbps optics revenue ~ $1B in 2026, 3.2Tbps volume production beginning in 2028, and vendors targeting ~5 pJ/bit at 200G per lane.
Significant YoY Revenue Growth
Full-year 2025 revenue of ~$237,000 versus $96,000 in 2024 — an increase of approximately 147% year-over-year, driven by licensing and nonrecurring engineering.
Improved Loss Metrics
Net loss narrowed to ~$20.3 million in 2025 from $22.5 million in 2024 (improvement of ~9.8%); loss per share improved to $0.16 from $0.19 (approximate 15.8% improvement).
Strengthened Balance Sheet and Cash Runway
Completed a public offering in December 2025 raising ~$32.8 million net (11.6M shares) plus a $4.9 million over-allotment in January 2026 (total ~$37.7M), resulting in year-end cash of ~ $69M (roughly double the prior quarter's $34.9M); company states funding visibility beyond December 2027 based on its operating plan.
Progression of Customer Programs to Late Stages
Three programs advanced to Stage 3 (prototype → final product) in 2025 and a fourth Fortune Global 500 customer added in 2026; ~15 additional engagements progressing through Stage 1 and Stage 2.
Major Foundry Engagements and Tape-Outs
Agreements in place with four major foundries (SilTerra, GlobalFoundries and two others) with wafer runs underway or scheduled in H1 2026; SilTerra tape-out completed with device characterization expected mid‑2026. Multiple foundry PDK/PDK integrations underway to enable customer design wins.
Back‑End and Manufacturing Readiness
Initiated a production ramp-up program in Denver (2025) to support multiple wafer sizes, improve yield/cycle time/equipment efficiency, and plan to onboard 1–2 external partners in 2026 to scale back-end of line manufacturing.
Market Opportunity and Alignment with Silicon Photonics
Market context: Ethernet optical transceivers ≥100G and CPO reached ~$16.5B in 2025 and projected ~$26B in 2026 (~60% growth). Silicon photonics share growth (10% in 2018 → 33% in 2024, expected dominant in 2026) supports the company’s strategy of enhancing silicon photonics with Perkinamine electro‑optic polymers.

Lightwave Logic (LWLG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

LWLG Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Aug 18, 2026
2026 (Q2)
- / -
-0.04
Mar 05, 2026
2025 (Q4)
- / -
-0.045
Nov 18, 2025
2025 (Q3)
- / -0.04
-0.04411.36% (<+0.01)
Aug 19, 2025
2025 (Q2)
- / -0.04
-0.0510.00% (<+0.01)
May 08, 2025
2025 (Q1)
- / -0.04
-0.04820.83% (+0.01)
Feb 28, 2025
2024 (Q4)
- / -0.04
-0.042-7.14% (>-0.01)
Nov 13, 2024
2024 (Q3)
- / -0.04
-0.0440.00% (0.00)
Aug 12, 2024
2024 (Q2)
- / -0.05
-0.048-4.17% (>-0.01)
May 09, 2024
2024 (Q1)
- / -0.05
-0.0480.00% (0.00)
Mar 01, 2024
2023 (Q4)
- / -0.04
-0.0456.67% (<+0.01)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

LWLG Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Mar 05, 2026
$5.60$4.39-21.61%
Nov 18, 2025
$4.66$4.48-3.86%
Aug 19, 2025
$2.20$2.05-6.82%
May 08, 2025
$0.86$0.98+13.95%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Lightwave Logic Inc (LWLG) report earnings?
Lightwave Logic Inc (LWLG) is schdueled to report earning on Aug 18, 2026, Before Open (Confirmed).
    What is Lightwave Logic Inc (LWLG) earnings time?
    Lightwave Logic Inc (LWLG) earnings time is at Aug 18, 2026, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
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        What companies are reporting earnings today?
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          What is LWLG EPS forecast?
          Currently, no data Available